B E I N M A R K E T S

Deposits-Withdrawals

We offer a wide range of payment options for deposits/withdrawals: by multiple credit cards, multiple electronic payment methods, bank wire transfer, local bank transfer, and other payment methods.
As soon as you open a trading account, you can log in to our Client Zone, select a payment method of your preference on the Deposits/Withdrawal pages, and follow the instructions given.

You can deposit money in any currency, and it will be automatically converted into the base currency of your account, at prevailing inter-bank prices.

The minimum deposits for the different account types we offer are as follows:
• Silver Account:
o Minimum Deposit 200$
• Gold Account:
o Minimum Deposit $10 000
• Platinum Account:
o Minimum Deposit $50,000
For further details, please click here.
There is no minimum withdrawal amount.
All withdrawal requests from accounts that have been verified (i.e., in regard of which all requested “Know Your Customer (KYC)” documentation has been provided and accepted, will be completed within 24 working hours on business days; however all withdrawal requests submitted will be instantly reflected in the clients’ trading account as pending withdrawals. In case a client selects an incorrect withdrawal method, the clients’ request will be processed according to the Withdrawal Priority Procedure described below. All client withdrawal requests shall be processed in the currency in which the deposit was originally made. Should the deposit currency differ from the transfer currency, the transfer amount will be converted into the transfer currency at the prevailing exchange rate.

In order to protect all parties against fraud and minimize the possibility of money laundering and/or terrorist financing, we will only process withdrawal/refunds from accounts that have been verified (i.e., in regard of which all requested “Know Your Customer (KYC)” documentation has been provided and accepted and then only back to the source of the original deposit according to the Withdrawal Priority Procedure below:
• Credit/debit card withdrawals. Withdrawal requests submitted, regardless of the withdrawal method chosen, will be processed via this channel up to the total amount deposited by this method.
• E-wallet withdrawals. E-wallet refunds/withdrawals will be processed once all Credit/Debit card deposits have been completely refunded.
• Other Methods. All other methods such as bank wire withdrawals shall be used once deposits made with the above two methods have been completely exhausted.

Since we can only transfer the same amount back to your card as the amount you have deposited, profits can be transferred to your bank account via wire transfer. If you have also made deposits via E-wallet, you also have the option to withdraw profits to that same E-wallet.

In order to withdraw funds, your trading account must be verified/validated. This means that first you need to upload all requested “Know Your Customer (KYC)” documentation in our Client Zone: Proof of Identity (ID, passport, driving license) and Proof of Residency (utility bill, telephone/Internet/TV bill or bank statement), which include your address and your name (not older than 6 months).
Once you receive confirmation from our Back Office Department that your account has been verified/validated, you can request the funds withdrawal by logging in to the Client Zone, selecting the Withdrawal tab and sending us a withdrawal request. It is only possible to send your withdrawal back to the original source of deposit. All withdrawals from accounts that have been verified (i.e., in regard of which all requested “Know Your Customer (KYC)” documentation has been provided and accepted, are processed by our Back Office within 24 hours on business days.

Yes, you can, if at the moment of payment your free margin exceeds the amount specified in the withdrawal instruction, including all payment charges. Free margin is calculated as equity less necessary margin (required to maintain an open position).
If you do not have sufficient free margin in your trading account, the system will not accept your request and you will need to lower the amount. Please note, that any credit bonus in your account is considered as part of your equity and will be deducted as the result of any withdrawal.

It depends on the country the money is sent to. Standard bank wire may take up to five (5) working days. Bank wires to some countries may take up more than five ( 5) working days.

All deposits are instant, except for the bank wire transfer. All withdrawals from accounts that have been verified (i.e., in regard of which all requested “Know Your Customer (KYC)” documentation has been provided and accepted, are processed by our back office in 24 hours on business days.

We do not charge any fees for client deposits or withdrawals other than via Debit / Credit card withdrawals (where a 1.5 % withdrawal fee applies regardless of the withdrawal amount).
Clients making both deposit and withdrawals via Wire Transfer will be subject to the transferring bank(s) wiring fees.

Supporting Documents

• A color copy of valid passport or other official identification document issued by the authorities of the country of which you are a citizen (e.g. passport, identity card, etc). The identification document must contain your full name, an issuance date and an expiration date, your place and date of birth and your signature.
• A recent utility bill (e.g. electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within the last 6 months and confirming your registered address.

Yes, you do. In order to start trading and to be able to make withdrawals from your account, your account has to be validated, therefore you must provide rent agreement, a recent utility bill (e.g. electricity, gas, water, phone, oil, Internet and/or cable TV connection) or bank account statement not older than 6 months, and confirming your registered address.

As a regulated company, we operate in accordance with a number of compliance-related rules and procedures imposed by our main regulatory authority, the National Bank of Belarus and the “Law of the Republic of Belarus no.165-z, dated June 30, 2014 on measures for prevention of laundering of criminal proceeds, financing of terrorism and financing of proliferation of weapons of mass destruction”, as well as international principles and measures for the Prevention of Money Laundering and Financing of Terrorism. These procedures involve the collection of adequate documentation from our clients under applicable ‘Know Your Client (KYC)’ and Anti-Money Laundering (AML)’ rules, including the collection of a valid Passport and/or ID card and a recent (issued within the past 6 months) utility bill or bank account statement that confirms your registered address.

No, your new account will be validated automatically, as long as you will use the same personal /contact details as for your previous account.

If you wish to update your email address, please send an email to [email protected] from your registered email address.
If you wish to update your residential address, please send an email to [email protected] from your registered email address and upload the new Proof of Address (not older than 6 months) confirming that address in the Client Zone on the website.

Trading Accounts

It is simple and quick. Click Open a Real Account, fill in the Account Opening Application form and upon completion you will receive an email with your login details that you can use to log in to our secure Client Zone. Here you will be able to fund your trading account by clicking the Deposits tab in the main menu. If you are already an existing Real Account holder, you can open an additional account in the Client Zone.

In case you fill out all details correctly, it takes less than 5 minutes.

If you have already opened a trading account, received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice.

• Silver Account:
o Minimum Deposit 200$
o Spreads from 1.8 pips
• Gold Account:
o Minimum Deposit $10 000
o Spreads from 1.3 pips
• Platinum Account:
o Minimum Deposit $50,000
o Spreads from 0.7 pips
For further details, please click here.

Our demo accounts do not have an expiry date, and so you can use them as long as you want.

The minimum deposits for the different account types we offer are as follows:
• Silver Account:
o Minimum Deposit 200$
• Gold Account:
o Minimum Deposit $10 000
• Platinum Account:
o Minimum Deposit $50,000
For further details, please click here.

No, you cannot lose more than the amount you deposited. Should the slippage of a certain currency pair cause a negative balance, it will be reset automatically with your next deposit.

Kimbo LLC is a company registered in the Republic of Belarus with company registration number 193295922 and registered office address at 220077 Minsk, Uborevicha sir. 111-4, floor 2, office 2, Republic of Belarus. The safety of client funds and consumer protection at Kimbo LLC is organized as follows:
• Regulated Broker
Kimbo LLC is authorized and regulated by the National Bank of Belarus and has a special certificate of registration in the forex companies register issued by the National Bank of the Republic of Belarus, No.21 dated 11.03.2020. As such, Kimbo LLC operates in accordance with the “Edict of the President of the Republic of Belarus No. 231, On Carrying Out Activities in the Over-the-counter Forex Market“, dated June 4, 2015, and the related regulatory legal acts.
Kimbo LLC complies with all the financial standards set by the National Bank of Belarus and, in accordance with the requirements of the National Bank of Belarus, has an authorized share capital of at least 200 000.00 Belarusian Rubles.
Kimbo LLC is sending weekly financial reports to the National Forex Center.
• Segregation of clients’ funds
Clients’ funds are deposited and transferred into to the Company’s segregated client bank account. These funds are off balance sheet and cannot be used to pay creditors in the unlikely event of Company insolvency and are safe and secure from any unlawful use.
• Membership of the Guarantee Fund of the National Forex Center
Kimbo LLC is a member of the Guarantee Fund of the National Forex Center. The Fund creates a security deposit on the accounts with special operation mode in the amount of no less than 50% of clients’ funds.
Kimbo LLC has made its contribution to the Guarantee Fund of the National Forex Center in the amount of $55,000 and is depositing, on the weekly basis, additional amounts in the Guarantee Fund of the National Forex Center, which are not less than 5% of its clients’ margin requirement. This allows us to provide our clients with the Negative Balance Protection, mentioned below.
• Negative Balance Protection
In case the market volatility doesn’t allow the client to keep a positive balance on his/her investment account, Kimbo LLC automatically tops up the balance to 0 and the client doesn’t have to pay anything for this.
• Membership of the Financial Market Development Association of Belarus (ARFIN)
Kimbo LLC is an official member of ARFIN, which resolves disputes between its members and their clients. One of the Association’s goals is an alternative pre-judicial resolution of disputes arising between its members and their clients.

Yes, we do.

We provide leverage from 100:1 for “regular clients”, up to 200:1 for “qualified clients” and 500:1 for “professional clients”. The leverage depends on the instrument traded. Please read more details about this in our Leverage Policy, here.

Trading Platforms

While all features and functions of a real account are also available for a demo account, you should keep in mind that simulation cannot replicate real trading market conditions. One relevant difference is that the volume executed through the simulation does not affect the market; while in real trading volumes have effect on the market, especially when the deal size is large. The speed of execution is the same for real trading accounts as for the demo accounts.
Moreover, users can have a very different psychological profile depending on whether they trade with demo or real accounts. This aspect may impact the evaluation performed with the demo account. We advise you to be cautious and avoid complacency about any conclusion that you may draw from using a demo account. You can read more details about demo accounts here.

Yes, you can. All our trading platforms support the use of EAs. We require that you inform us in advance, when you intend to use robot/auto traders or expert advisors (EAs) on our trading platforms.

Feel free to contact your Personal Account Manager via live chat, email or by phone to schedule a presentation on the trading platforms. We are ready to help you with one-to-one detailed explanation at any time convenient for you.

Every buy order is open at ASK price and closed at BID price, and every sell order is open on BID price and closed at ASK price. By default, you are only able to see the BID line on your chart. In order to see the ASK line, right click the particular chart -> Properties -> Common-> and tick the Show ASK line.

Yes, we do. The MT4 trading platform is also available for MAC.

Yes, you can.

You can trade all the instruments available at beinmarkets.by including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals, CFDs on Energies and CFDs on cryptocurrencies.

According to your account type, the trading instruments are displayed with a unique suffix/symbol.

BeinMarkets.by is domain owned and operated by Kimbo LLC, a limited liability company incorporated and registered in the Republic of Belarus with company registration number 193295922 and registered office address at 69A-2 Minskaya str., of. 34, Kolodishchi, 223050, Minsk, Republic of Belarus, which is authorized and regulated by the National Bank of Belarus (the “NBB”) and has a special certificate of registration in the National Forex Register of Belarus, issued by the National Bank of Belarus, Certificate No.21 (UIC: 40021) dated March 11, 2020.

The payment processing of Kimbo LLC is handled by its EU subsidiary Leverate (CY) Limited, a limited liability company duly registered and existing under the laws of the Republic of Cyprus, with company registration number HE 288 882, having its registered office address at 116 Gladstonos, M. Kyprianou House, 3rd and 4th Floor, 3032 Limassol, Cyprus. Whereas Paysafe payments (Skrill and Neteller) will be handled by Kimbo LLC

Kimbo LLC currently does not offer its services to users from certain jurisdictions, such as the United States of America, Islamic Republic of Iran, and Democratic People’s Republic of Korea (DPRK).

Risk Warning:
Trading leveraged products such as Forex and CFDs involves a high degree of risk and may not be suitable for all investors. You must be prepared to sustain a total loss of any funds deposited with us, as well as any additional loses, charges, or other costs we incur in recovering any payment from you. Before deciding to trade the products offered by us, you should carefully consider your objectives, financial situation, needs and level of experience. You should also be aware of all the risk associated with trading on margin.

Copyright © 2020 Kimbo LLC.  Privacy policy | Terms and conditions